Search found 748 matches

by exigent
Sat Sep 24, 2011 10:03 pm
Forum: Investing - Theory, News & General
Topic: not enough in sweep account...
Replies: 4
Views: 687

Hmmm. Upon further review, this was a false alarm. Long story short, I failed to account for the 9/22 Total Stock Market dividend distribution, which more than covers the difference. I was in the midst of updating things, saw the shortage, and I guess I kinda freaked out. In retrospect, I doubt it w...
by exigent
Sat Sep 24, 2011 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX or split equally between VSMAX, VIMAX, & VLCAX
Replies: 23
Views: 4396

Re: VTSAX or split equally between VSMAX, VIMAX, & VLCAX

My goal is to weight as follows: small 35 mid 25 large 10 bonds 25 Just trying to keep things simple while pondering other ideas. Not ideas to act on per se but just thinking. Correct me if I'm wrong, but buying those three funds in equal amounts wouldn't achieve this, would it? Just curious why yo...
by exigent
Sat Sep 24, 2011 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX or split equally between VSMAX, VIMAX, & VLCAX
Replies: 23
Views: 4396

Re: VTSAX or split equally between VSMAX, VIMAX, & VLCAX

croshay wrote:Yes, my plan calls for overweight in small caps.
In that case, you should overweight in small caps. Easiest way to do this would be to add a small cap fund to TSM. Value or not, that's up to you. If your goal is to overweight in small cap, then why mess around with the mid cap fund?
by exigent
Sat Sep 24, 2011 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody using Personal Finance Software
Replies: 26
Views: 11205

To make cash show up in your allocation, you could track your bank accounts as brokerage accounts with a stable $1 share value -- essentially as you would track your balance in a money market mutual fund in a real brokerage account.
by exigent
Sat Sep 24, 2011 8:12 pm
Forum: Investing - Theory, News & General
Topic: not enough in sweep account...
Replies: 4
Views: 687

Hahaha. Ummm, no. But moving money in before the settlement date should be sufficient, correct?
by exigent
Sat Sep 24, 2011 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX or split equally between VSMAX, VIMAX, & VLCAX
Replies: 23
Views: 4396

Guess I'm trying to get a better understanding on why an investor who tilts toward small value (myself) would pay 20 basis points more to achieve the overweighting as opposed to splitting VTSAX and allowing that to automatically happen at less cost. I understand VSMAX is a blend and not all value b...
by exigent
Sat Sep 24, 2011 8:03 pm
Forum: Investing - Theory, News & General
Topic: not enough in sweep account...
Replies: 4
Views: 687

not enough in sweep account...

Hey all, Due to an apparent math error on my part when making a couple of ETF transactions (TLH-related), I have a "net debit" on my VBS that exceeds the amount in my Prime MM sweep account by a few hundred dollars. Since the last of these trades doesn't settle until Wednesday, I'm assuming that I c...
by exigent
Sat Sep 24, 2011 7:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Same Day Trades
Replies: 5
Views: 711

Just heard about this. Nice upgrade.
by exigent
Sat Sep 24, 2011 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX or split equally between VSMAX, VIMAX, & VLCAX
Replies: 23
Views: 4396

I like small cap tilt as well. So, to make sure I'm understanding correctly...I would hold VTSAX and tilt by buying VISVX with .37 ER as opposed to original post? Yeah, that sounds about right. But make sure you're holding enough VISVX to actually make a difference if you decide to do this. Obvious...
by exigent
Sat Sep 24, 2011 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: I've lost so much money...
Replies: 23
Views: 6163

newport1 wrote:I am re-re-re tax harvesting. I have enough realized losses to last multiple lifetimes. Now watch Congress eliminate the cap gains tax.
I just wish they'd up the amount that can be used to offset ordinary income. Not likely, but a guy can dream, right?
by exigent
Sat Sep 24, 2011 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and TLH
Replies: 5
Views: 689

Fwiw, if harvesting a mutual fund loss, I would make the swap and then convert the shares to the equivalent ETF. From there, you can swap back to the ETF version of the original fund after 31 days. You can keep using the mutual fund version for ease of ongoing contributions. So, for example, sell To...
by exigent
Sat Sep 24, 2011 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody using Personal Finance Software
Replies: 26
Views: 11205

I recently ditched Quicken 2007 (Mac) due to a lack of Lion support. I replaced it with Moneydance, and I really (really!) like it.
by exigent
Thu Sep 22, 2011 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: A crisis is a terrible thing to waste
Replies: 23
Views: 3560

I harvested losses back in August, and just a few minutes ago, I switched back to my original (slightly more desirable) positions since the market is back below where it was when I TLH'd.
by exigent
Thu Sep 15, 2011 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - Need Recommendations for Acceptable Swaps
Replies: 14
Views: 1667

Any idea if Vanguard will start carrying over the basis info on mutual fund to ETF conversions? They don't do so now (and warn you about it when converting). FWIW, I TLH'd in August and *almost* got to switch back to my pre-harvest positions on Monday, but it didn't get quite low enough before the m...
by exigent
Mon Sep 12, 2011 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone use Rick Ferri's company Portfolio Solutions?
Replies: 9
Views: 2774

Sorry, I can't help as I've been doing it all myself. Just chiming in to say that I would consider using a low cost manager, but I have several employer-related retirement accounts that they wouldn't manage, so I'd still end up having to manage a portion of the portfolio myself. If I'm going to do p...
by exigent
Sun Sep 11, 2011 8:46 pm
Forum: Investing - Theory, News & General
Topic: reading recommendations wanted
Replies: 14
Views: 1812

I'm a big fan of The Four Pillars of Investing by William Bernstein. Haven't read Ferri's book, but would like to.
by exigent
Sun Sep 11, 2011 4:18 pm
Forum: Investing - Theory, News & General
Topic: selling and buying Vanguard ETFs on same day
Replies: 5
Views: 2870

livesoft: Thanks for the confirmation/clarification. I'm not planning on selling after I make the switch, so I'm not concerned about free-riding. I just don't want to be out of the market for any longer than absolutely necessary. sscritic: Yes, that's a good strategy, but this is a fairly significan...
by exigent
Sun Sep 11, 2011 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale clarification
Replies: 15
Views: 3152

Re: wash sale clarification

That is the rule; you have a wash if you buy replacement shares within 30 days before or after the sale. If you are cutting it this close, check that your 8/16 transaction posted on that day and not on 8/17. Good advice. Yes, the share exchanges occurred on that date, so I should be good to go. Rel...
by exigent
Sun Sep 11, 2011 3:32 pm
Forum: Investing - Theory, News & General
Topic: selling and buying Vanguard ETFs on same day
Replies: 5
Views: 2870

selling and buying Vanguard ETFs on same day

Hi all, Quick question since I'm new to ETFs... I would like to sell shares of one Vanguard ETF and immediately buy shares of another Vanguard ETF. These shares are held with Vanguard Brokerage Service (VBS). Based on some Googling (here and elsewhere) it appears that I can sell/buy in this way on t...
by exigent
Fri Sep 09, 2011 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Confused - why not index funds in nontaxable accounts?
Replies: 11
Views: 3620

Wow. Scary that she gets paid for financial advice.
by exigent
Fri Sep 09, 2011 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale clarification
Replies: 15
Views: 3152

wash sale clarification

Hey all, Just a quick clarification on the wash sale rule... I TLH'd some shares on 8/10 and then again on 8/16. If I'm looking to move new money back into that same investment, my understanding is that I have to wait 31 days - correct? By my count, the 31st day would be next Friday, 9/16 (31 days f...
by exigent
Tue Sep 06, 2011 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Loss harvesting options for VG Total Stock Market and Intl?
Replies: 39
Views: 4673

I recently harvested losses and used the same partners that Livesoft outlined above. I will change back if there is an additional loss to make it worthwhile, or perhaps if there is an inconsequential gain.
by exigent
Sun Sep 04, 2011 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Unpaying off mortgage- How?
Replies: 34
Views: 4150

Of course, the danger of relying on a line of credit vs. a loan is that the line can be reduced or closed at the banks discretion. Likely? Perhaps not, but it did happen to a lot of people during the credit crisis. The bummer here is that is that a line reduction or closure seems most likely to happ...
by exigent
Sat Sep 03, 2011 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Unpaying off mortgage- How?
Replies: 34
Views: 4150

A third option would be a no-cost refinance where you accept a marginally higher rate in return for cash to cover the closing costs -- essentially selling, instead of buying points. Note that this is different from rolling the closing costs into the mortgage balance.
by exigent
Thu Sep 01, 2011 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: TBM sucker bet right now ?
Replies: 38
Views: 5849

FWIW, the VG intermediate term tax exempt admiral shares are currently paying 2.53% - a much better option for taxable accounts than TBM.
by exigent
Thu Sep 01, 2011 9:33 pm
Forum: Personal Consumer Issues
Topic: Fax Suggestion?
Replies: 9
Views: 1388

I dropped about $30 on a cheap fax machine. It sits on the shelf until I need to send a fax, which is maybe a couple of times per year. Works for me.
by exigent
Thu Sep 01, 2011 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: I've just made $2Million Now What?
Replies: 52
Views: 11784

Assuming that the bulk of the sale is a LTCG, $2M before taxes is worth a lot more than $2M after taxes.
by exigent
Wed Aug 31, 2011 9:21 pm
Forum: Investing - Theory, News & General
Topic: "Why Don't We Invest Like This Guy?"
Replies: 17
Views: 4305

My personal rule is to take only as much risk as you need to. I have no interest in borrowing to the hilt to pull down 5% returns just like I have no interest in shorting gold just b/c I think it's in a bubble. Pigs get fat, hogs get slaughtered.
by exigent
Tue Aug 30, 2011 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: $ 9.5K for kids braces--is this unusually high ?
Replies: 21
Views: 3379

We've had two in braces so far, and neither one of them cost anywhere near that. That $9.5k is at least 2x too high.
by exigent
Sun Aug 28, 2011 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: They don't ever give out 1099s??
Replies: 34
Views: 4527

Hmm, nice catch. I hadn't made that connection. Thanks for the clarification.
by exigent
Sun Aug 28, 2011 8:31 pm
Forum: Investing - Theory, News & General
Topic: Does anybody think that gold may be the next bubble?
Replies: 29
Views: 3413

Lots of people think gold is the next bubble. Others don't. I'd go as far to say that many more people believe the former than the latter. But... Even if it is bubble-icious, how much higher will it go before it bursts? And how long will it take for that to happen? And are you willing to bet a chunk...
by exigent
Sun Aug 28, 2011 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: They don't ever give out 1099s??
Replies: 34
Views: 4527

For example, you might pay your accountant. Do you give her a 1099? This isn't the same thing. In this case, you are typically issuing payment to an incorporated practice, and corporations don't get 1099s. If you were paying an individual for accounting services and it exceeded $600, then I think (...
by exigent
Sun Aug 28, 2011 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Need helping understand wash rule
Replies: 6
Views: 706

If you reinvested a dividend in preceding 30 days and then sold some shares for a loss, then yes... Wash sale - but for the # of shares that were picked up in the reinvestment. The rest of the transaction is okay. Exceptions: Selling out entire position (as long as you don't buy back in within 30 da...
by exigent
Wed Aug 24, 2011 6:33 pm
Forum: Investing - Theory, News & General
Topic: 8-24-2011: Steve Jobs Resigns as CEO
Replies: 66
Views: 7499

Question of the day: Is this a buying opportunity? Or is Apple worth less (but not necessarily worthless) without Jobs at the helm?

Discuss. 8-)
by exigent
Sat Aug 20, 2011 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: tracking i bonds in your allocation
Replies: 4
Views: 634

So you essentially pool TIPS and I Bonds? Makes sense.
by exigent
Sat Aug 20, 2011 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: tracking i bonds in your allocation
Replies: 4
Views: 634

tracking i bonds in your allocation

Hey all, I've run across some threads debating whether I Bonds should be treated as cash (emergency fund) or bonds, etc. I have a slightly different question... I'm currently formalizing our IPS and have never thought too much about how to categorize our I Bonds. Our goal is to keep things relativel...
by exigent
Sat Aug 20, 2011 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard, My Portfolio- "Other" category
Replies: 4
Views: 624

Also be aware that every once in awhile, one of my external investments will get re-characterized as "other" and I'll have to go back in and fix it. Not sure what causes it, but it happens from time to time. Otherwise, Portfolio Watch is a great and very useful tool.
by exigent
Thu Aug 18, 2011 12:54 pm
Forum: Personal Consumer Issues
Topic: $825 for a tune up!
Replies: 46
Views: 6780

Check the owner's manual. Some dealers will throw in stuff beyond what's listed in the manual. I usually follow the recommended service schedule, but I don't do extras. Once you have the list, any competent mechanic can do the work. The main thing to watch out for is the tranny service - at least so...
by exigent
Wed Aug 17, 2011 4:42 pm
Forum: Personal Consumer Issues
Topic: Place to stay in Myrtle Beach
Replies: 10
Views: 1533

Dunes Village is great.
by exigent
Wed Aug 17, 2011 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: VWAHX (Vanguard High-Yield Tax-Exempt Inv) vs VIPSX (TIPS)
Replies: 10
Views: 6178

If an investor wanted to hold TIPS in a taxable account because there was not enough tax deferred space, would that be a problem? Treasuries are tax exempt at the state level and are subject to federal taxes. I thought TIPS functioned the same? Yes, it would be a problem. No, they are not the same....
by exigent
Tue Aug 16, 2011 5:03 pm
Forum: Personal Consumer Issues
Topic: What's wrong with overbalancing-wheel perpetual motion?
Replies: 77
Views: 19924

grayfox wrote:So if perpetual motion machines are impossible, how does the eath keep spinning? Hmm?
It hasn't stopped YET.
by exigent
Tue Aug 16, 2011 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Spartan TSM and Vanguard TSM for tax loss harvesting
Replies: 11
Views: 1521

http://www.fairmark.com/capgain/wash/wsident.htm If you can lay the price graph for your new investment on top of the price graph for the old one and never see a significant disparity (as would be the case for two high quality S&P 500 funds), the investments should be considered substantially ident...
by exigent
Tue Aug 16, 2011 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise personal debt, Experian responds
Replies: 28
Views: 4361

What I didn't understand: Why Experian had to contact any other party, because the documents I provided to Experian were dispositive as to whether we were responsible for the debt. Short recap: I enclosed documents conclusively showing we donated the car to charity four years before the parking tic...
by exigent
Tue Aug 16, 2011 2:43 pm
Forum: Investing - Theory, News & General
Topic: Just bought my first ETFs...
Replies: 2
Views: 558

Just bought my first ETFs...

Subject says it all... I just bought my first Vanguard ETFs using their brokerage platform. I actually own some of their ETFs, but those were from a prior share class conversion. I used limit orders around (slightly below) the prevailing market price and the orders were filled very quickly - like by...
by exigent
Tue Aug 16, 2011 1:56 pm
Forum: Personal Consumer Issues
Topic: New ING Direct feature -- a "checkbook"
Replies: 12
Views: 2040

They are working on remote deposit. They hinted that it would be available by July 4th, but that didn't happen. It's coming, but the timeframe (beyond "soon") is currently unknown.
by exigent
Mon Aug 15, 2011 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: First Home: Buy More Given Current Climate?
Replies: 31
Views: 2865

Looking at those three pics that were added to the OP, the third option also appears to give the potential for adding on in the future. With a townhouse, that's obviously out of the question, and the lots in neighborhood 2 are too small to easily accomodate an addition. Of course, you also have to d...
by exigent
Mon Aug 15, 2011 10:58 am
Forum: Investing - Theory, News & General
Topic: Capital Losses: How Much Have You Accumulated?
Replies: 24
Views: 2585

neverknow: As I'm sure you know, the goal here isn't to lose money, and it's silly to suggest that it is. Rather, given that the markets are down, and that you have already lost money (on paper), it makes good sense to grab what little benefit that you can. You're only locking in those losses if you...
by exigent
Mon Aug 15, 2011 10:33 am
Forum: Personal Finance (Not Investing)
Topic: First Home: Buy More Given Current Climate?
Replies: 31
Views: 2865

I'm curious as to why you think you'd outgrow a 2600-2900 sq ft home in the next 10-12 years. I'm assuming that means that you're planning on having kids, but that's a good amount of space. We are a family of six and live in roughly 3k sq ft without feeling anywhere near cramped. Also, you left out ...
by exigent
Mon Aug 15, 2011 10:20 am
Forum: Investing - Theory, News & General
Topic: Capital Losses: How Much Have You Accumulated?
Replies: 24
Views: 2585

Good point on the sale of a second home. Another possibility would be selling a business (or your stake in a business). That could eat up a huge amount of harvested losses in a hurry.
by exigent
Sun Aug 14, 2011 10:25 pm
Forum: Investing - Theory, News & General
Topic: Capital Losses: How Much Have You Accumulated?
Replies: 24
Views: 2585

Ugh. I had a $250k+ category, but it didn't show up. I'll try to fix it.

Edit: Looks like you can't fix it once someone has answered...